Jul 20, 2011 10:00pm PDT
side's rhetoric squares very well with reality. let's get some perspective now from jon corzine, former democratic governor of new jersey, before that a u.s. senator and ceo of goldman sachs. currently he runs an investment firm mf global holdings limited. also carli fiorina, advisor to republican senatorial committee. also former senior campaign adviser to john mccain and before that ceo of hewlett-packard. let me start with you carly. you heard those sound bites. it seems like ending the corporate jet tax hike would be uncontroversial, but it seems like some of your fellow republicans are drawing a hard line on any revenue-raising proposals whatsoever. do you believe we can make a dent without doing that? >> i think first of all with regard to the rhetoric of millionaires and billionaires, the problem is when you look at the fine print what democrats are really talking about is raising taxes on a family that makes $250,000. and if you're a nurse and a fireman raising two kids, you don't feel very wealthy right now. so i think that's the problem. the rhetoric doesn't match the reality.
Jul 20, 2011 7:00pm PDT
there are going to be folks on both sides. the question is, can you get enough votes? and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a deal done. >> has he not been leading on this? i mean, with regards to his most recent conversations? >> you know, disappointingly president obama put forward a budget in february. this was his opportunity to lead, in my opinion that. budget was voted down 97-0. it tackled entitlement reform not a bit. he gave a wonderful speech in april which the congressional budget office said it couldn't score because there weren't enough specifics. the truth is, the president himself has never put a deal on the table. he's asked other
Jul 21, 2011 12:00pm PDT
to see it as well. >>> jon huntsman, the former utah governor, now running for president. there's been a make shake-up in his campaign. his campaign manager is no longer his campaign manager. someone else has come in. susy wiles is gone, matt david is in. susie has served well and was vital in getting it off the ground in such a short time frame now the campaign is moving into phase 2, more aggressive from a tactical standpoint, and matt is prepared to take that on. another little reshuffle there in that campaign. it comes with the territory. we're watching all of this obviously very closely. don, back to you. >> wolf, thank you very much. >>> the next update in about 30 minutes. >>> now i want you to watch this. >>> the race to reach a debt deal. if it doesn't happen in 12 days, many say it could have catastrophic economic consequences. but try this one. is the deadline actually sooner? how much longer will wall street wait? brooke's off, i'm don lemon, the news starts right now. >>> children are dying. they're being left on the side of the road, because millions are hungry and can't